Camanio Care strengthens liquidity through directed set-off issue

Camanio Care has decided to strengthen the cash liquidity through a directed set-off issue of 2.1 million SEK through previously entered finance agreement with Recall Capital, who also owns just over a quarter of the shares in the company.

The board has, relying on the decision of the shareholder’s meeting earlier this year, decided to perform a set-off rights issue of in total 2 111 400 SEK and 4 968 000 shares, which strengthens the equity of the company. The subscription price per share will be 0.425 SEK, which is 100% of a 20-day volume weighted average price for the last month. The number of shares in the company will after the issue amount to 53 637 760 and the total share capital amounts to 10 727 552 SEK.

For more information, please contact:

Catharina Borgenstierna, CEO
Telephone: +46 733-93 00 07
E-mail: catharina.borgenstierna@camanio.com

About Camanio Care

Camanio Care is a digital care technology company developing smart solutions for home care centered around the individual. Our platform and digital services connect people, professionals and equipment in an easy and open way in order to achieve the optimal mix of digital and physical care. We increase the quality of care and quality of life, making care more readily available to all the people who need it. Camanio Care is headquartered in Stockholm, has the subsidiary Camanio Care Inc. in the U.S., and distributors in Asia, Middle East, Hongkong, Australia and tens of European countries.

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This information is information that Camanio Care is obliged to make public pursuant to the EU Market Abuse Regulation and the Securities Markets Act. The information was submitted for publication, through the agency of the contact persons set out above, on July 22, 2019.